Jeff Yass Susquehanna International Group
Jeff Yass is a co-founder of Susquehanna International Group (SIG), a major global trading and market-making firm. SIG is known for options expertise, quantitative trading, and a training culture grounded in probabilistic decision-making. Yass’s firm is influential across derivatives markets even though it is less of a traditional long-only stock-picking franchise.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$521M |
| 2 |
Nike
NKE
|
+$509M |
| 3 |
Micron Technology
MU
|
+$439M |
| 4 |
Super Micro Computer
SMCI
|
+$435M |
| 5 |
Broadcom
AVGO
|
+$329M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$5.31B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.89B |
| 3 |
Amazon
AMZN
|
+$1.48B |
| 4 |
Microsoft
MSFT
|
+$1.07B |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$904M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.38% |
| 2 | Consumer Discretionary | 1.03% |
| 3 | Financials | 0.75% |
| 4 | Healthcare | 0.67% |
| 5 | Communication Services | 0.6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
CALL
Wells Fargo
WFC
$254B
| $469M | 0.09% |
7,899,100
-881,900
| -10% | -$52.1M |
|
177
PUT
PayPal
PYPL
$52.7B
| $459M | 0.09% |
7,907,600
+226,500
| +3% | +$14.4M |
|
|
178
Nike
NKE
$60.5B
| $457M | 0.09% |
6,058,940
+5,478,312
| +944% | +$509M |
|
179
CALL
Intuit
INTU
$100B
| $453M | 0.08% |
689,000
+24,800
| +4% | +$15.4M |
|
180
ExxonMobil
XOM
$679B
| $446M | 0.08% |
3,876,014
+2,307,470
| +147% | +$269M |
|
181
CALL
Shopify
SHOP
$192B
| $446M | 0.08% |
6,747,600
+1,460,900
| +28% | +$96.9M |
|
182
CALL
MongoDB
MDB
$34.7B
| $444M | 0.08% |
1,775,600
+891,700
| +101% | +$282M |
|
183
PUT
Starbucks
SBUX
$122B
| $443M | 0.08% |
5,690,600
+1,984,000
| +54% | +$162M |
|
184
PUT
Occidental Petroleum
OXY
$61.3B
| $442M | 0.08% |
7,013,700
-2,945,000
| -30% | -$189M |
|
185
PUT
Amgen
AMGN
$238B
| $441M | 0.08% |
1,410,800
+303,300
| +27% | +$89.1M |
|
186
CALL
lululemon athletica
LULU
$13.7B
| $439M | 0.08% |
1,470,100
-307,800
| -17% | -$103M |
|
187
PUT
Mastercard
MA
$509B
| $434M | 0.08% |
984,300
-157,500
| -14% | -$71.7M |
|
188
iShares MSCI EAFE ETF
EFA
$80B
| $433M | 0.08% |
5,529,861
+1,657,971
| +43% | +$131M |
|
189
PUT
Chevron
CVX
$403B
| $431M | 0.08% |
2,757,000
-2,169,500
| -44% | -$346M |
|
190
PUT
Morgan Stanley
MS
$336B
| $423M | 0.08% |
4,352,900
+23,400
| +0.5% | +$2.23M |
|
191
PUT
Target
TGT
$75.1B
| $423M | 0.08% |
2,854,600
-749,100
| -21% | -$118M |
|
192
CALL
American Express
AXP
$227B
| $419M | 0.08% |
1,810,600
-84,900
| -4% | -$19.7M |
|
193
PUT
McDonald's
MCD
$192B
| $415M | 0.08% |
1,630,200
-26,300
| -2% | -$6.98M |
|
194
CALL
Freeport-McMoran
FCX
$110B
| $412M | 0.08% |
8,470,400
-731,800
| -8% | -$36.9M |
|
195
PUT
United Airlines
UAL
$36.7B
| $410M | 0.08% |
8,425,700
+3,992,100
| +90% | +$201M |
|
196
PUT
Snowflake
SNOW
$115B
| $405M | 0.08% |
2,998,000
-2,215,200
| -42% | -$327M |
|
|
197
CALL
Morgan Stanley
MS
$336B
| $404M | 0.08% |
4,158,000
-1,648,900
| -28% | -$157M |
|
198
CALL
RTX Corp
RTX
$283B
| $397M | 0.07% |
3,958,500
-10,342,200
| -72% | -$1.07B |
|
199
CALL
Datadog
DDOG
$84.6B
| $396M | 0.07% |
3,052,400
-4,100
| -0.1% | -$496K |
|
200
CALL
Airbnb
ABNB
$110B
| $395M | 0.07% |
2,606,900
+338,300
| +15% | +$51.7M |
|
Similar funds
Jeff Yass's Q2 2024 Portfolio in Review
As of Q2 2024, Jeff Yass held 13,638 positions worth $537B, down 6.7% from $576B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Jeff Yass withdrew a net $65.7B in Q2 2024, closing 1,726 positions and reducing 5,607 holdings. Its most notable exit was iShares MSCI USA Quality Factor ETF, an estimated $26.2M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, down from 3% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Jeff Yass opened a new position in NextEra Energy 7.299% Corporate Units worth $127M.
- Jeff Yass's largest Q2 2024 buy was NextEra Energy 7.299% Corporate Units: 2,575,000 shares worth $127M.
- Jeff Yass added most to Vanguard FTSE Developed Markets ETF in Q2 2024, an estimated $521M increase.
- Jeff Yass's biggest Q2 2024 reduction was NVIDIA, cutting an estimated $5.31B.
- Jeff Yass fully exited iShares MSCI USA Quality Factor ETF in Q2 2024, selling an estimated $26.2M.
- Jeff Yass's ten largest holdings make up 26% of its $537B portfolio in Q2 2024.
- Jeff Yass opened 1,591 new positions and closed 1,726 in Q2 2024.
- Jeff Yass's portfolio value fell 6.7% quarter-over-quarter to $537B.
Based on Susquehanna International Group's 13F filing for Q2 2024, filed 15 Aug 2024.